The Hospice of Dayton Inc

Analysis

The Hospice of Dayton Inc is a registered charity in United States, based in Dayton, OH. It received its IRS tax-exemption ruling in August 1978, 48 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Hospice of Dayton Inc reported income of $83.9m and spending of $86.2m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $71.0m to $83.9m (+18%), an average of +4.3% a year. The sharpest change came in the year to December 2022, when income rose by 19%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Hospice of Dayton Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within OH. Charities of a similar size with the same main cause include National Urban League Inc ($83.4m), Residential Alternatives of Illinois Inc ($84.1m) and The People Concern ($83.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.2% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $902k (1.0% of expenses). Other salaries and wages came to $39.3m. At year end it held assets of $71.4m against liabilities of $57.9m, net assets of $13.5m. It reported 818 employees.